The UK’s inaugural green gilt sale has been met with record demand, with investors placing more than £100bn of bids.
The £10bn raised makes it the largest sovereign green bond on record.
The UK’s Debt Management Office, the arm of the Treasury that handles bond issuance, plans to sell at least £15bn of green gilts this year, with a further sale scheduled for next month as it launches one of the world’s largest green borrowing programmes.
